Disclosure: This shop has been compensated by Collective Bias, Inc. and its advertiser. All opinions are mine alone. #FamilySavings #CollectiveBias
Two years ago, my husband and I started what I call a “lifestyle makeover.” We were living very busy lives and our home was cluttered with items that no longer served a purpose or brought us joy. Through this chaos, we learned that we were wasting money on things instead of saving for our family and our future.
After letting go of loads of physical stuff in our homes, something interesting happened. We found time to focus more on our finances! Focusing on our finances is one area that we’ve never truly worked on in our 12 years of marriage. We’ve always considered ourselves to be frugal, but our attitude of “we can buy this because we can afford it” was not helping our financial future. Instead of spending money foolishly, we wanted to start budgeting and start pouring money into rainy day fund, retirement accounts, and our children’s college accounts.
During this process of letting go of things and working towards improving our financial health, I’ve learned how to save money for our family. The tips below are the best ways we can save hundreds of dollars each month. Instead of going out and finding more work, we’ve put the following tips into practice and now follow the mentality of, “It’s not how much you make, it’s how much you save!”
5 Ways to Save Money For Your Family
1. Cut back on eating out at restaurants.
I have a challenge for you! Go through one month of expenses and write down all of your expenses from eating out at fast food/restaurants. My husband and I did this experiment and our jaws dropped. Swiping our cards on a regular basis on fast food and restaurants became a bad habit that we needed to let go of. We were spending money on convenience foods and challenged ourselves to eat out less. We now give ourselves a small budget for eating out and this saves us hundreds each month.
2. Take advantage of technology.
The technology we have these days to save money at grocery and retail stores is pretty amazing. Printing and clipping coupons is becoming a thing of the past. Although we still do print the occasional coupon at times, I’ve found that there are easier ways to save at my favorite stores, including Family Dollar Stores®. I’m a big fan of using my smartphone to find savings when I’m out shopping. One of my favorite ways to save money is with Family Dollar® Smart Coupons! All you have you do is clip the savings you are interested in from your PC, tablet, or phone. When you get to the register, add in your phone number and your savings will be applied! No paper to clip and no forgetting your coupons at home. I just went this week and saved $2 on Tide Pods and $0.50 on Crest Toothpaste!
You can also take advantage of the following savings below with Family Dollar® Smart Coupons!
- Save $2.00 on ONE Swiffer Refill or Wet Jet solution (excludes trial/travel)
- Save $0.50 on ONE Downy Liquid Fabric Softener/Enhancer 40 load (excludes Downy Libre Enjuague and trial/travel size
- Save $0.50 on ONE Crest Toothpaste 3oz or more or Liquid Gel (excludes Kids and trial/travel size)
- Save $2.00 on ONE Tide Pods or Gain Flings Laundry Detergent (excludes Tide Simply and Gain Flings/Tide Pods 5 ct and trial/travel size).
Sign up NOW for Family Dollar® Smart Coupons to start saving big! Here’s how:
1. Text SMART to 28767 or register here.
2. Select the coupons you are interested in and clip to receive savings via your PC, tablet, or phone. (No need to print or cut any coupons!)
3. Redeem your coupons at the register by entering your phone number when checking out. Savings will be applied.
It’s that easy to start saving!
3. Shop from your pantry/kitchen.
If you could place all of the food and ingredients from your pantry and kitchen onto a conveyor belt at the checkout line, can you estimate what the total cost would be? I’m guessing it would total up to a few hundred dollars (or less). Recently, I challenged my family to eat as much as we could from our own pantry and kitchen before heading out to the grocery store for more food. With a little bit of creativity and meal planning, we were able to come up with five big meals to make by pairing up foods and ingredients we already had! We were able to stretch our grocery budget this way and now it’s almost like a game trying to find what we can make and use up before going out and buying more.
4. Go on a “no spend” challenge for a month.
This is tough, but it can be done. If you have a habit of buying just to buy or tend to purchase on impulse, it can be hard to maintain control of your spending during a no spend challenge. However, this is one of the easiest and best ways to save a few hundred dollars during the month. We started a no spend challenge last month and it was easier than I thought it would be. The challenge is to only buy the items you absolutely need during the month, to include groceries, gas, toilet paper, etc. Everything else is a NO! The best part about the no spend challenge is seeing how much money is left at the end of the month for savings. The no spend challenge was successful last month so my husband and I decided to challenge ourselves again this month!
5. Start a budget.
This can also be difficult to start if you aren’t used to watching where every dollar is going. A budget is necessary if you want to save money for your family. We started budgeting in July, but it took us a while to get it right. We spent the first month or two tracking our spending. Once we saw where money was going, we divided everything up into categories, gave ourselves a spending limit for each category and started living by this budget. By doing this, we have maintained control again of our finances and end up with more money at the end of the month to put away for the important things – our emergency fund, retirement accounts, and the kid’s college accounts.
These tips above can help you save money for your family if you put them into practice. Head over to your local Family Dollar® to start saving big!
How do you save money for your family?